Donor-Advised Funds (DAFs) have become more popular in the nonprofit and philanthropic sector in the past decade. “Influence, Affluence & Opportunity: Donor-Advised Funds in Canada” (May 2023), a new report from KCI and the CAGP Foundation, points out that donations and transfers to DAFs accounted for nearly 10% of receipted donations by Canadian tax filers in 2021.
The report examines the relationships between charities and DAF donors, and the foundations that act as intermediaries between charities and donors. It suggests strategies for charities and financial advisors to ensure they maximize engagement of DAF donors, and it identifies key areas for improvement in how DAF foundations can support donors and charities.
It also quantifies the increasing contribution of DAF donors to the charitable sector in Canada and examines the challenges, criticisms and misconceptions around DAFs.
Download the free report here: Donor-Advised Funds in Canada, a report from KCI & CAGP, May 2023.
Sunday, June 11, 2023 in For homepage, Fundraising, News & Events, Private Foundations, Social Finance
Share: Twitter, Facebook
